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Gold prices flat, set for weekly fall on hawkish Fed; Spot gold hits $1,776.85 per ounce - Vimarsana News

Gold prices flat, set for weekly fall on hawkish Fed; Spot gold hits $1,776.85 per ounce

Although gold is traditionally known as a hedge against inflation and economic uncertainties, higher interest rates tend to dim the bullion's appeal as it increases the opportunity cost of holding the non-yielding metal.

Gold steady on caution ahead of US CPI, Fed meet; Spot gold hits $1,781.66 per ounce - Vimarsana News

Gold steady on caution ahead of US CPI, Fed meet; Spot gold hits $1,781.66 per ounce

Spot gold was steady at $1,781.66 per ounce, as of 0023 GMT. US gold futures GCv1 were up 0.1% at $1,793.40.

Gold prices ease as US inflation data, Fed verdict in focus; Spot gold hits $1,793.44 per ounce - Vimarsana News

Gold prices ease as US inflation data, Fed verdict in focus; Spot gold hits $1,793.44 per ounce

Spot gold slipped 0.2% to $1,793.44 per ounce, as of 0009 GMT. US gold futures GCv1 were down 0.3% at $1,805.90.

Gold flat as traders await US inflation data, Fed meet next week - Vimarsana News

Gold flat as traders await US inflation data, Fed meet next week

Spot gold were little changed at $1,788.56 per ounce, as of 0038 GMT. US gold futures GCv1 were steady at $1,800.60.

Gold prices flat as investors await US Fed decision on rate hikes; Spot gold hits $1,800.78 per ounce - Vimarsana News

Gold prices flat as investors await US Fed decision on rate hikes; Spot gold hits $1,800.78 per ounce

Bullion jumped about 2% on Thursday, setting it on track for its second straight weekly gain.